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Africost Directors and Leadership Team

The Directors of Africost are the driving force behind the company’s continued success in Quantity Surveying, Project Management, Construction Management and Property Development. Their combined industry experience, strong leadership and passion for the built environment enable Africost to deliver projects on time, within budget and according to the required specifications.

Through their strategic vision, the directors inspire employees, partners and clients to achieve exceptional results across every stage of the construction and development process.

Albert Lourens

Albert Lourens obtained his BSc degree in Quantity Surveying from the University of Pretoria in 1982 and founded Africost in 1984.

With more than 30 years of experience in Quantity Surveying, Project Management and Property Development, Albert has played a central role in establishing Africost as a respected construction consultancy in South Africa.

His primary responsibilities include client relations, marketing, project feasibility studies and strategic business development. Throughout his career, Albert has been involved in numerous major landmark developments, including: • Jozini Tiger Lodge • The Pearls of Umhlanga • The Receiver of Revenue offices in Durban • Protea Hotel Gateway

His extensive industry knowledge and client-focused approach continue to support Africost’s growth and long-standing reputation for professional service.

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Owen Nxumalo

Owen Nxumalo

Owen Nxumalo began his career at the Independent Development Trust, where he developed extensive experience in Portfolio Management, Project Management, Construction Management, Stakeholder Management and Community Development.

He later managed multiple public-sector and infrastructure portfolios covering:

Health and essential services

Infrastructure and medical technology

Local economic development

Office developments

Schools and educational facilities

Agricultural colleges

Cross-border livestock disease control infrastructure

As a Civil Engineering Technician and Skills Development Facilitator, Owen has a deep passion for the built environment, infrastructure development and contractor empowerment.

His project experience includes involvement in:

The expansion of the Durban International Convention Centre

The construction of Moses Mabhida Stadium

The widening of Durban Harbour

The development of Westwood Mall

The Vukuzakhe Emerging Contractor Development Programme

Owen was instrumental in establishing and driving the KwaZulu-Natal Department of Transport’s Vukuzakhe Programme, which was created to grade, develop and empower emerging contractors.

Reggie Haripersad

Reggie Haripersad brings extensive technical and practical expertise to Africost, supported by qualifications in Quantity Surveying, Project Management, Carpentry and Joinery.

As the head of company production, Reggie oversees the delivery and quality of Africost’s professional services.

His more than 30 years of construction industry experience ensure that the company’s qualified personnel are equipped to provide clients with accurate, efficient and dependable project support.

His leadership plays an important role in maintaining Africost’s high standards of cost management, project coordination and service delivery.

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